Fast Trading Strategy on Solana ($SOL ) over 48 Hours
🚀 Selected Currency: Solana ($SOL )
After analyzing the cryptocurrency market on the Binance platform, Solana ($SOL ) was chosen as the best opportunity for fast trading in the coming two days for the following reasons:
Ideal price volatility for quick speculation
High liquidity on the Binance platform
Expectations to surpass the current resistance level
📈 Entry Points:
Safe Entry: at the level of $147.5 - $149.5
Ideal Entry: upon testing the support level of $145
📉 Exit Points:
First Profit Target: $153 (+3.5%)
Second Profit Target: $157 (+6%)
Stop Loss: $142 (-4.5%)
⚡ Execution Strategy:
Use Scalping technique with gradual entry
Divide capital into 3 consecutive trades
Move the stop loss to the entry point after achieving the first target
Don't forget to manage risks and avoid risking more than 2% of your capital in this trade.
Note: This recommendation is limited to a period of 48 hours only. Markets are volatile, and trading carries risks.